HOG vs CVGI vs EMPD Stock Comparison

Harley-Davidson, Commercial Vehicle and Empery Digital Prices as of Oct 26, 2026 Peers: Industry group
HOG Harley-Davidson, Inc.
$28.84 +13.3% 1M +2.2% 1Y
Market cap
$3.09B
P/E
15.2x
Revenue (TTM)
$4.24B
Div. yield
–
Recreational Vehicles Consumer Discretionary
5 wins
EMPD Empery Digital Inc.
$2.73 -5.5% 1M -59.9% 1Y
Market cap
$80.98M
P/E
–
Revenue (TTM)
-$158.29K
Div. yield
–
Crypto Exchanges Financial Services
1 win

Head to Head

9 decided of 12

Harley-Davidson leads on 5 of the 12 questions below (Harley-Davidson 5, Commercial Vehicle 3, Empery Digital 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHOGCVGIEMPDLeader
Larger companyMarket capitalisation $3.09B $101.87M $80.98M HOG
Cheaper on earningsLower P/E, profitable companies only 15.2x -4.4x -0.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 39.0x — — –
Faster revenue growthRevenue growth, trailing twelve months -5.2% -0.4% -105.9% CVGI
More profitableNet margin, trailing twelve months 4.8% -3.4% — HOG
Better return on capitalReturn on invested capital 2.9% 5.9% -140.8% CVGI
Less leveragedLower net debt / EBITDA — 3.0x -0.2x EMPD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +2.2% +67.6% -59.9% CVGI
Better 5-year returnAnnualised price return, 5 years -4.7%/yr -22.2%/yr -95.7%/yr HOG
Less volatileAnnualised volatility, 1 year 38.8% 82.3% 78.3% HOG
Higher overall scoreMean of the five percentile scores vs peers 56/100 43/100 20/100 HOG

Percentile Scorecard

HOGCVGIEMPD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHOGCVGIEMPD
Valuation 45 #28 of 50 85 #31 of 203 13 #85 of 97
Growth 6 #45 of 48 36 #120 of 187 22 #53 of 68
Profitability 64 #17 of 46 28 #133 of 185 2 #66 of 67
Financial Health 77 #13 of 52 23 #169 of 219 43 #56 of 97
Shareholder Returns 90 #4 of 30 – –
Overall 56 43 20
  • HOG ranked among 56 companies in Automobiles and Components
  • CVGI ranked among 222 companies in Machinery
  • EMPD ranked among 112 companies in Capital Markets

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHOGCVGIEMPDSPY
1 month +13.3%-4.4%-5.5% -0.8%
3 months +16.3%-37.2%-14.4% +3.5%
6 months +25.6%-33.7%-43.6% +7.0%
Year to date +40.8%+97.9%-40.3% +12.2%
1 year +2.2%+67.6%-59.9% +13.0%
3 years +10.2%-58.5%-100.0% +86.3%
3 years, per year +3.3%-25.4%-98.0% +23.1%
5 years -21.5%-71.6%-100.0% +68.6%
5 years, per year -4.7%-22.2%-95.7% +11.0%
10 years -49.0%-44.4%— +258.0%
10 years, per year -6.5%-5.7%— +13.6%

Risk

MeasureHOGCVGIEMPDSPY
Volatility, 1Y 38.8%82.3%78.3% 12.7%
Downside volatility, 1Y 36.0%69.4%87.5% 12.7%
Beta vs S&P 500, 1Y 0.851.612.76 1.00
Return / volatility, 1Y 0.060.82-0.76 1.02
Max drawdown, 5Y -66.8%-92.7%-100.0% -25.4%
From 52-week high -0.9%-50.7%-61.8% -1.8%
52-week high $29.09$5.78$7.15 $779.14
52-week low $17.19$1.34$2.52 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHOGCVGIEMPD
P/E now vs peer median 15.0xmedian 18.9x -4.3xmedian 26.0x -0.3xmedian 29.4x
P/S now vs peer median 0.7xmedian 0.5x 0.2xmedian 1.9x -484.8xmedian 2.9x
EV/EBITDA now vs peer median —median 8.2x 6.6xmedian 14.0x -0.5xmedian 13.7x
P/FCF now vs peer median -22.6xmedian 9.4x -275.1xmedian 21.4x -3.6xmedian 16.0x
P/B now vs peer median 1.0xmedian 0.9x 0.8xmedian 2.2x 0.7xmedian 2.3x
PEG now vs peer median -0.50median 1.40 0.13median 1.26 0.00median 0.52

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHOGCVGIEMPD
Revenue $4.24B $673.98M -$158.29K
Gross profit $1.42B $75.61M -$173.85K
Operating income $213.20M $13.41M -$272.48M
Net income $195.71M -$23.05M -$272.13M
Free cash flow -$133.07M -$390.00K -$21.04M
R&D – – $84.38K
EPS (diluted) $1.87 $-0.66 $-9.70
Cash & equivalents $1.90B – $3.69M
Total debt $2.24B $91.78M $199.71M
Shares (diluted) 108.57M 34.77M 28.06M
Enterprise value -$5.48B $101.87M $37.34M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHOGCVGIEMPD
P/E 15.0x -4.3x -0.3x
P/FCF -22.6x -275.1x -3.6x
P/Operating cash flow -11,770x 10.0x -3.7x
P/S 0.7x 0.2x -484.8x
P/B 1.0x 0.8x 0.7x
P/Tangible book 1.0x 0.8x 0.7x
EV/EBITDA – 6.6x -0.5x
EV/EBIT 15.7x 14.8x -0.5x
EV/Revenue 0.8x 0.3x -808.7x
EV/FCF -25.2x -510.5x -6.1x
EV/Operating cash flow -13,130x 18.6x -6.1x
PEG (3Y EPS CAGR) -0.50 0.13 0.00

Growth

14 metrics
MetricHOGCVGIEMPD
Revenue growth (1Y) -5.2% -0.4% -105.9%
Revenue CAGR (3Y) -11.1% -6.0% -27.2%
Gross profit growth (1Y) -25.3% 13.2% 98.5%
Gross profit CAGR (3Y) -18.3% -12.1% 60.2%
Operating income growth (1Y) 15.0% 425.0% -1,168%
Operating income CAGR (3Y) -38.9% -31.0% -124.9%
Net income growth (1Y) -16.4% 39.8% -979.2%
Net income CAGR (3Y) -36.8% -33.9% -80.8%
EPS growth (1Y) -6.1% 41.5% 80.2%
EPS CAGR (3Y) -29.8% -32.2% 98.4%
Operating cash flow growth (1Y) -100.0% 211.2% -39.4%
Operating cash flow CAGR (3Y) -26.0% -49.8% 6.9%
Free cash flow growth (1Y) -116.2% 98.2% -37.2%
Free cash flow CAGR (3Y) -31.0% -26.1% 7.6%

Profitability

14 metrics
MetricHOGCVGIEMPD
Gross margin 33.4% 11.2% –
EBITDA margin – 4.5% –
Operating margin 5.0% 2.0% –
Pretax margin 6.8% -2.4% –
Net margin 4.8% -3.4% –
FCF margin -3.1% -0.1% –
Operating cash flow margin 0.0% 1.6% 13,276%
Return on equity 6.3% -17.3% -193.7%
Return on assets 2.7% -5.3% -136.2%
Return on invested capital 2.9% 5.9% -140.8%
Return on capital employed 4.4% 4.9% -145.0%
Asset turnover 0.6x 1.6x 0.0x
Cash conversion (OCF / net income) 0.0x -0.5x 0.1x
Stock comp / revenue – 0.7% -11,701%

Financial Health

11 metrics
MetricHOGCVGIEMPD
Debt / assets 30.9% 20.2% 30.6%
Debt / equity 0.7x 0.7x 0.5x
Net debt / EBITDA – 3.0x -0.2x
Debt / FCF -16.9x -235.3x -2.6x
Liabilities / assets 57.0% 70.1% 36.8%
Equity / assets 43.0% 29.9% 63.2%
Interest coverage 0.7x 0.9x -52.3x
Current ratio 1.9x 2.0x 0.5x
Quick ratio 0.9x – 0.3x
Cash ratio 0.8x – 0.3x
Altman Z-score 2.21 1.87 -7.82

Shareholder Returns

7 metrics
MetricHOGCVGIEMPD
Dividend yield 2.6% – –
Net buyback yield 12.0% – 190.9%
Shareholder yield 14.6% – 190.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHOGCVGIEMPD
Forward P/E 39.0xFY2026 – –
EPS, next fiscal year $0.74FY2026 $-0.20FY2026 $-0.45FY2026
EPS growth, next FY -73.4%FY2026 – –
EPS growth, the year after +147.3% – –
Revenue, next fiscal year $4.11BFY2026 $777.74MFY2026 $488.61KFY2026
Revenue growth, next FY +14.8%FY2026 +19.8%FY2026 -51.1%FY2026
Revenue growth, the year after +2.9% +3.3% -13.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHOGCVGIEMPD
Held by institutions 100.0% 60.7% 60.9%
Institutions holding 439 111 37
Change in shares held, QoQ +3.1% +55.8% -7.2%
Institutions buying 219 80 12
Institutions selling 122 20 16
Buyers to sellers 1.80 4.00 0.75

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HOGCVGIEMPD
HOG 1.00 0.01 0.15
CVGI 0.01 1.00 0.24
EMPD 0.15 0.24 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, HOG, CVGI and EMPD?

Harley-Davidson (HOG) is the largest by market capitalisation: Harley-Davidson (HOG) $3.09B, Commercial Vehicle (CVGI) $101.87M, Empery Digital (EMPD) $80.98M.

Which company is growing faster?

Commercial Vehicle (CVGI) grew revenue fastest over the trailing twelve months: Harley-Davidson (HOG) -5.2%, Commercial Vehicle (CVGI) -0.4%, Empery Digital (EMPD) -105.9%.

Which company is more profitable?

Harley-Davidson (HOG) has the highest net margin (Harley-Davidson (HOG) 4.8%, Commercial Vehicle (CVGI) -3.4%). On return on invested capital, Commercial Vehicle (CVGI) leads (Harley-Davidson (HOG) 2.9%, Commercial Vehicle (CVGI) 5.9%, Empery Digital (EMPD) -140.8%).

Which stock has performed better?

Over the past year Commercial Vehicle (CVGI) returned the most: Harley-Davidson (HOG) +2.2%, Commercial Vehicle (CVGI) +67.6%, Empery Digital (EMPD) -59.9%. Over five years, Harley-Davidson (HOG) compounded fastest (Harley-Davidson (HOG) -4.7%/yr, Commercial Vehicle (CVGI) -22.2%/yr, Empery Digital (EMPD) -95.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Harley-Davidson (HOG) has been the steadiest (Harley-Davidson (HOG) 38.8%, Commercial Vehicle (CVGI) 82.3%, Empery Digital (EMPD) 78.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HOG, CVGI and EMPD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Harley-Davidson (HOG) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.